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Soluna Announces Monthly Business Update

Business

Soluna Announces Monthly Business Update
Business

Business

Soluna Announces Monthly Business Update

2026-05-07 19:31 Last Updated At:20:00

ALBANY, N.Y.--(BUSINESS WIRE)--May 7, 2026--

Soluna Holdings, Inc. (“Soluna” or the “Company”) (NASDAQ: SLNH), a developer of green data centers for intensive computing applications, including Bitcoin mining and AI, announced its April 2026 project site-level operations, developments, and updates.

This press release features multimedia. View the full release here: https://www.businesswire.com/news/home/20260507466082/en/

The Company has provided the following Corporate and Site Updates.

Key Company Metrics:

The monthly metrics are now available here.

Corporate Highlights:

Key Project Updates:

Project Dorothy 1A (25 MW, Bitcoin Hosting) / Project Dorothy 1B (25 MW, Bitcoin Prop-Mining):

Project Dorothy 2 (48 MW, Bitcoin Hosting):

Project Sophie (25 MW, Bitcoin Hosting):

Project Kati 1 (83 MW Under Construction, Bitcoin Hosting):

Project Kati 2 (300+ MW, Under Development, AI/HPC Hosting):

Project Dorothy 3 (300+ MW, Under Development, AI/HPC Hosting):

Project Grace (2 MW Under Development, AI/HPC Hosting):

Pipeline Highlights:

Customer Success:

View Soluna’s recent AMA here.

Soluna’s updated glossary of terms is available here.

Safe Harbor Statement

This announcement contains forward-looking statements. These statements are made under the “safe harbor” provisions of the U.S. Private Securities Litigation Reform Act of 1995. These forward-looking statements include all statements, other than statements of historical fact, regarding our current views and assumptions with respect to future events regarding our business and our expectations with respect to the development, construction, commissioning, and operation of our project pipeline, including Project Kati 1, Project Kati 2, Project Grace, the expansion of hosting arrangements at Project Dorothy 1B, [the expected return to service of equipment at Project Dorothy 1A], and other statements that are predictive in nature. These forward-looking statements can be identified by terminology such as “will,” “expects,” “anticipates,” “future,” “intends,” “plans,” “believes,” “estimates,” “confident,” and similar statements. Readers are cautioned that any forward-looking information provided by us or on our behalf is not a guarantee of future performance. Actual results may differ materially from those contained in these forward-looking statements as a result of various factors disclosed in our filings with the Securities and Exchange Commission (“SEC”), including the “Risk Factors” section of our Annual Report on Form 10-K filed with the SEC on March 30, 2026. All forward-looking statements speak only as of the date on which they are made, and we undertake no duty to update or revise any forward-looking statements, whether as a result of new information, future events, or otherwise, except to the extent required by law.

About Soluna Holdings, Inc. (Nasdaq: SLNH)

Soluna is on a mission to make renewable energy a global superpower, using computing as a catalyst. The company designs, develops, and operates digital infrastructure that transforms surplus renewable energy into global computing resources. Soluna’s pioneering data centers are strategically co-located with wind, solar, or hydroelectric power plants to support high-performance computing applications, including Bitcoin Mining, Generative AI, and other compute-intensive applications. Soluna’s proprietary software MaestroOS(™) helps energize a greener grid while delivering cost-effective and sustainable computing solutions and superior returns. To learn more, visit solunacomputing.com and follow us on:

LinkedIn: https://www.linkedin.com/company/solunaholdings/
X (formerly Twitter): x.com/solunaholdings
YouTube: youtube.com/c/solunacomputing
Newsletter: bit.ly/solunasubscribe
Resource Center: solunacomputing.com/resources

Soluna regularly posts important information on its website and encourages investors and potential investors to consult the Soluna investor relations and investor resources sections of its website regularly.

Soluna's Project Dorothy Campus

Soluna's Project Dorothy Campus

PHILADELPHIA (AP) — Jalen Brunson scored 33 points and sealed the game with big buckets late to the delight of roaring Knicks fans, leading New York to a 109-94 win over the Philadelphia 76ers on Friday night for a 3-0 lead in the Eastern Conference semifinals.

Game 4 is Sunday in Philadelphia.

With 2016 and 2018 Villanova national championship banners hanging in the rafters, the so-called Nova Knicks all took turns taking the fight out of the Sixers in the fourth quarter, turning a four-point lead into another double-digit victory

Josh Hart had 12 points and 11 rebounds and Mikal Bridges added 23 points, pushing the Knicks and first-year coach Mike Brown within one victory of their second straight conference finals appearance.

The Knicks have the luxury not to rush back forward OG Anunoby, who's averaging 21.4 points per game in the postseason. He sat out with a strained right hamstring and remains day to day.

Joel Embiid scored 18 points for the Sixers in his return after he missed Game 2 with a sprained right ankle and a sore right hip.

Embiid's return from an appendectomy helped spur the Sixers' rally from a 3-1 deficit in the opening round to stun the Celtics.

Beating the Knicks four straight times — including twice in New York — seems like a much harder hill to climb for Embiid, Tyrese Maxey and the Sixers.

Kelly Oubre Jr. scored 22 points and Maxey added 17.

The Sixers tried to pull off the win in front of A-list Knicks fans and thousands from the five boroughs and beyond who circumvented Philadelphia’s ticket-buying tricks and filled the arena with “Let’s go Knicks!” chants in the waning moments.

The 76ers gamely tried to make it a series. Quintin Grimes hit his first two 3s of the game early in the fourth to trim the lead to 88-84.

The familiar faces in Philly — Brunson, Hart and Bridges all played for Villanova — seized control of the game.

Hart and Bridges made consecutive baskets that pushed the lead to 92-84. Brunson, the stone-cold shooter built for these moments, buried a 3 from the top of the arc that made it 95-86 during a 9-0 Knicks run, to the delight of the visiting fans.

Embiid openly pleaded with fans ahead of the series not to sell their tickets to New Yorkers.

“Don’t sell your tickets,” Embiid said ahead of the series. “This is bigger than you. We need you guys.”

Celebrity Row regulars at Madison Square Garden, Spike Lee, Timothée Chalamet, Tracy Morgan and Ben Stiller all made the trip to Philadelphia — along with thousands of less famous Knicks fans — and the split crowd erupted in cheers, boos and the occasional middle finger on just about every basket.

Chalamet rose from his seat and applauded when Landry Shamet buried a late 3 in the third that stretched the lead to 85-76. Shamet had 14 points this entire postseason before he scored 15 in Game 3.

AP NBA: https://apnews.com/hub/nba

New York Knicks' fan react during the second half of Game 3 in a second-round NBA basketball playoff series against the Philadelphia 76ers Friday, May 8, 2026, in Philadelphia. (AP Photo/Matt Slocum)

New York Knicks' fan react during the second half of Game 3 in a second-round NBA basketball playoff series against the Philadelphia 76ers Friday, May 8, 2026, in Philadelphia. (AP Photo/Matt Slocum)

New York Knicks' Jalen Brunson reacts during the second half of Game 3 in a second-round NBA basketball playoff series against the Philadelphia 76ers Friday, May 8, 2026, in Philadelphia. (AP Photo/Matt Slocum)

New York Knicks' Jalen Brunson reacts during the second half of Game 3 in a second-round NBA basketball playoff series against the Philadelphia 76ers Friday, May 8, 2026, in Philadelphia. (AP Photo/Matt Slocum)

Philadelphia 76ers' Joel Embiid reacts after a foul call during the first half of Game 3 in a second-round NBA basketball playoff series against the New York Knicks Friday, May 8, 2026, in Philadelphia. (AP Photo/Matt Slocum)

Philadelphia 76ers' Joel Embiid reacts after a foul call during the first half of Game 3 in a second-round NBA basketball playoff series against the New York Knicks Friday, May 8, 2026, in Philadelphia. (AP Photo/Matt Slocum)

New York Knicks' Landry Shamet, left, dunks past Philadelphia 76ers' Tyrese Maxey during the first half of Game 3 in a second-round NBA basketball playoff series Friday, May 8, 2026, in Philadelphia. (AP Photo/Matt Slocum)

New York Knicks' Landry Shamet, left, dunks past Philadelphia 76ers' Tyrese Maxey during the first half of Game 3 in a second-round NBA basketball playoff series Friday, May 8, 2026, in Philadelphia. (AP Photo/Matt Slocum)

New York Knicks' Karl-Anthony Towns, left, tries to get past Philadelphia 76ers' Joel Embiid during the first half of Game 3 in a second-round NBA basketball playoff series Friday, May 8, 2026, in Philadelphia. (AP Photo/Matt Slocum)

New York Knicks' Karl-Anthony Towns, left, tries to get past Philadelphia 76ers' Joel Embiid during the first half of Game 3 in a second-round NBA basketball playoff series Friday, May 8, 2026, in Philadelphia. (AP Photo/Matt Slocum)

New York Knicks' Jalen Brunson, right, passes against Philadelphia 76ers' Andre Drummond during the first half of Game 3 in a second-round NBA basketball playoff series Friday, May 8, 2026, in Philadelphia. (AP Photo/Matt Slocum)

New York Knicks' Jalen Brunson, right, passes against Philadelphia 76ers' Andre Drummond during the first half of Game 3 in a second-round NBA basketball playoff series Friday, May 8, 2026, in Philadelphia. (AP Photo/Matt Slocum)

New York Knicks' Jalen Brunson, left, reacts past Philadelphia 76ers' Kelly Oubre Jr. during the first half of Game 3 in a second-round NBA basketball playoff series Friday, May 8, 2026, in Philadelphia. (AP Photo/Matt Slocum)

New York Knicks' Jalen Brunson, left, reacts past Philadelphia 76ers' Kelly Oubre Jr. during the first half of Game 3 in a second-round NBA basketball playoff series Friday, May 8, 2026, in Philadelphia. (AP Photo/Matt Slocum)

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